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Nairaland Forum / Nairaland / General / Business / Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) (38758 Views)
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Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by favor914: 8:39am On Mar 13, 2021 |
Penguin2:Mumu go back and study Economics 101 again you have been blinded by hate, Useless Peasant Penguin from the North Pole, how did you end up all the way in Africa? |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by BluntTheApostle(m): 8:39am On Mar 13, 2021 |
darkwan: This is not about producing more bananas, but having over 60% share in the banana market. That is a monopoly. It means you will be in charge of deciding the price of bananas, including making decisions on who should or should not go into the banana business (or farming). |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by kennyamusan(m): 8:39am On Mar 13, 2021 |
HacheNoire:Some you are educated illiterate, America system is run by ideology and rule of law. No one can wake up one morning and decide for the Americans like Nigeria 1 Like 1 Share |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by Nobody: 8:39am On Mar 13, 2021 |
backnbeta: If we can come up with a good blockchain technology for farmers, monopoly will end |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by darkwan: 8:40am On Mar 13, 2021 |
emonis88: all western nations protect their companies.... how do you think companies like shell,chevron and many others can do anyhow in other poorer and powerless nations and nothing happens to them.... 3 Likes 1 Share |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by darkwan: 8:42am On Mar 13, 2021 |
kennyamusan: i disagree.... what nigeria is doing is not wrong by protectin their still young industry.... go try this your blabla with chinese,they will show you the middle finger.... atleast nigerian companies should be protected till they are strong enough to compete with this international gangsters.... 3 Likes 1 Share |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by JohnSin97: 8:43am On Mar 13, 2021 |
Monopolists destroy free markets, dangote is an economic Hitman.....his business must be broken up. 2 Likes |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by favor914: 8:43am On Mar 13, 2021 |
kennyamusan:Shut up from your reply it is obvious you have not crossed Murtala International? he just gave the correct answer, which ideology & rule of law? You must be talking of the Peoples Republic of China? |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by Hamzashaf99(f): 8:44am On Mar 13, 2021 |
A lot of the people condemning him here have never run a simple kiosk, successfully or otherwise. They don't have the time or willingness to do a simple research using the most free tool, Google. And when did WikiLeaks become the official voice of the US? Even so, the US will never favour what Dangote is doing. They prefer to take our raw materials, turn them to what we use, and sell us exorbitantly priced so-called "Foreign goods". But what do we know? Whatever does not suit our ethnic and religious wishes has got to be the latest scam by the devil! 2 Likes |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by favor914: 8:45am On Mar 13, 2021 |
JohnSin97:So they can give some of Dangote’s wealth to your lazy papa? Poverty + hatred will kill you in Nigeria, no wonder you are where you are, @ the bottom of the ladder. Useless Peasant Camel, instead of you to go & look for factory jobs, you are praying for the existing ones to pack up? Zombie then tomorrow you will be quick in shouting President Buhari destroyed the economy? Mumu. 1 Like |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by Brushstrokes20: 8:46am On Mar 13, 2021 |
Spot on! The doomed contraption is programmed to favour a handful at the expense of multitudes... I perceive a bloody revolt is loading. # EXTERMINATE your OPPRESSORS # ENOUGH OF NONSENSE # FACE YOUR FEARS |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by Hamzashaf99(f): 8:47am On Mar 13, 2021 |
SmartPolician: Ehn! Don't say that. Bill Gates has been planning world destruction SMH. I wonder how people come up with conspiracy theories just to massage their egos. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by BluntTheApostle(m): 8:47am On Mar 13, 2021 |
darkwan: Western nations protect their companies, but not at the expense of their other companies. Unlike Nigeria, where several governments have protected Dangote, and allowed him monopolize many markets at the expense of other Nigerian investors. We don't need a monopoly in Nigeria because many people are poor. When you monopolize many food industries, and allow one capitalist to decide prices, how would the average poor Nigerian survive? |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by darams4all(m): 8:48am On Mar 13, 2021 |
QuotasSystem: If it ends importation will it reduce the price when there are no healthy competition? I wish there are many indigenous refineries in Nigeria to compete with each other. I wish the govt gives as much as they did to Dangote support to other prospective investors who wish to build indigenous refineries. I hope they encourage foreign investors who wish to build refineries in Nigeria. The implication of Dangote refineries is this, he will own all the petrochemicals that were not accounted for due to overseas refining and will employ a lot of Notherners since it is located in the north |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by darkwan: 8:50am On Mar 13, 2021 |
Hamzashaf99: he doesnt know anything.... i saw videos of this guy talkin about stuffs that realy shocked me.... |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by SmartPolician: 8:50am On Mar 13, 2021 |
darkwan: It's not about the whites but about leadership. Leadership is tough and complicated, and the US wants to maintain its status as the world's leader. If you must be leading others, you must have stinking-rich companies to pay good taxes and influence how people lead their everyday lives around the world. So, those leading tech firms are investing so much in research to stay in business. And no reasonable government kills innovation. Even the US government funds the research of private universities...it shows you how much they value innovation. That's why I said that they are caught up between the devil and the deep blue sea. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by favor914: 8:51am On Mar 13, 2021 |
Brushstrokes20:Go to North Korea if you want socialism, In Nigeria we operate a capitalist system like United States, & United Kingdom, dog eat dog, open market operations, ordinary bit coin CBN banned they want to kill themselves, yet these same ignorant youths are asking for socialism? 1 Like |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by darkwan: 8:52am On Mar 13, 2021 |
darams4all: their are.... problem of nigerians is you dont inform yourselves.... i remember years ago trying to convince a igbo guy in europe that nigeria produce drones too.... he didnt know....i was surprised.... 1 Like |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by vaca1: 8:52am On Mar 13, 2021 |
HacheNoire:Shut da Bleep up. They are helping the citizens with their wealth. What has dangote done for the masses? Zilch nada nothing. Tony elumelu has lifted thousands out of poverty |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by Haben1: 8:53am On Mar 13, 2021 |
darkwan: I'm unmitigatedly sure we will NEVER HAVE all this in ABUNDANT. and IF we have it in abundant, he will prefer to export them. For instance, if you owns a hot-cake business you worked earnestly and spent billions to established, will you allow one person to control your price for you? Remember, not just anyhow business, largest in Africa. the Government failed severally. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by gnykelly(m): 8:54am On Mar 13, 2021 |
Igbochief001: influencing government decision profitably is also business 3 Likes 1 Share |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by darkwan: 8:55am On Mar 13, 2021 |
Haben1: haha....true talk....
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Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by yommen: 8:56am On Mar 13, 2021 |
megacity: Ahhh. Na wa o. Go and read the piece again. Other companies are being restricted while Dangote is being allowed to. That means in few years, Dangote will rule everything and you will pay your hard-earned money to him to buy everything you need at his own price alone since there won't be other options. You still don't understand? I pitty you! |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by favor914: 8:57am On Mar 13, 2021 |
BluntTheApostle:What are you whining about Hater? Before Dangote joined the club there was Lever Brothers, UAC, Lafarge Cement & others that produce the same commodities as Dangote & still produce & control their own share of market space, so what are you complaining about Lazy Man? People should work so they can come and spoon feed a lazy person like you? 1 Like |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by Brushstrokes20: 8:58am On Mar 13, 2021 |
favor914:Hey! Deranged bitch! Bleep off my mentions! I don't converse with irredeemable Lunatics! |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by favor914: 8:59am On Mar 13, 2021 |
Igbochief001:Useless Failure who asked for your myopic imagination & interpretation?, go back to shipping & trafficking drugs, at least your so called Billionaires have a comparative advantage in that sector. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by Topmaike007(m): 8:59am On Mar 13, 2021 |
jlinkd78:who wan patronise am when BUA dey dia |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by darkwan: 9:00am On Mar 13, 2021 |
but you nigerians should consider that,petrol in nigeria is still cheap.... in europe you pay over 600naira for a liter of petrol.... if una dont try to balance now,una will start payin like other western countries.... look the price of houses now....things are soo expensive like abroad,but you earn much less than abroad.... ![]() ![]() 2 Likes |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by favor914: 9:01am On Mar 13, 2021 |
Brushstrokes20:Sorry North Korea is too extreme, go to the People’s Republic of China you may run into Jack Ma, then you can complain about monopoly. 1 Like 1 Share |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by layzie: 9:02am On Mar 13, 2021 |
Difrent: Please let's face the issue under discussion. Point out how US govt made policies to favour amazon against other US companies. I believe that's the analogy we are looking at here. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by BluntTheApostle(m): 9:02am On Mar 13, 2021 |
favor914: So, how does criticizing an obvious monopoly amount to the critic being a lazy man? |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy - U.S (Wikileak 2010) by alizma: 9:04am On Mar 13, 2021 |
Penguin2:China didn't grow by letting Americans flood their market with their products, it grows by encouraging locally produced goods while discouraging importation of same. And today, China is standing chest to chest against America. Talking about refinary license for importation, it is a welcome idea for me but government should have a plan of let say 10years to put it in place. Hence, the government can come out and say, in the next 10years, only those with license and operating refinary, operating at certain minimum capacity can import fuel in the country, believe me, before 10years we may have up to 5 operating refinary in Nigeria and I hope you know what that means for our growing unemployment and dwindling economy? It is a welcome development to say a business man is interested in his profit while making suggestions, of course profit is his reason for going into businesses in the first place so you can't blame him for being interested in his goal. However, you can adjust his suggestions to achieve national goal. This is exactly what I expect from all of us rather than criticising him. If you look at the message carefully, you will notice that America also talked about it's interest 2 Likes 1 Share |
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